Society For The Prevention Of Cruelty To Animals Wake County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,642,433 | 3,472,836 | 169,597 | 12.6 | 50% |
| 2021 | 7,190,412 | 3,966,277 | 3,224,135 | 21.4 | 50% |
| 2022 | 9,330,044 | 5,237,730 | 4,092,314 | 25.1 | 47% |
| 2023 | 12,721,178 | 6,688,888 | 6,032,290 | 30.6 | 45% |
In its most recent public year (2023), this organization brought in $6,032,290 more than it spent. Its reserves stood at about 30.6 months of spending, up from 12.6 in 2020. Staff pay was 45% of spending. $9,709,991 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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